¥500 in 1920 =
Life in 1920
In 1920, Japan's average annual wage was approximately ¥360. This means ¥500 represented roughly 72.2 weeks of average earnings — a luxury purchase. To put this in perspective, a loaf of bread cost approximately ¥0.15 and typical monthly rent was around ¥6.
What you could buy
These calculations are estimates based on Japan's Consumer Price Index (CPI) data from Statistics Bureau of Japan; Bank of Japan historical series; Ohkawa & Shinohara (1979) Japanese economic growth data. Meiji period data (1868–1912) reconstructed from trade records. WWII hyperinflation (1945–1949) reflected. Post-war miracle growth and 1990s deflation captured. Results may differ from other inflation calculators due to methodology differences. See our Methodology and Sources pages for full details.